Chinese Pv Industry Brief: Tongwei, Canadian Solar, Ja Solar Report Earnings
Tongwei, Canadian Solar, TCL Zhonghuan and JA Solar all reported significantly higher profits in 2023.
PV Magazine International 4:22 pm on May 7, 2024
In 2023, Tongwei, Canadian Solar, JA Solar, and TCL Zhonghuan reported significant profits increases in operating income, net profit, and revenue growth. They achieved substantial sales volume increments for polysilicon, solar cells, modules, and energy storage systems.
- Tongwei:
- Increased profits in 2023 after decreasing operating income.
- Rising sales volumes across polysilicon, solar cells, and modules.
- Aimed to expand production capacities for various PV components by end of 2024.
- Plans to ship more units of polysilicon and achieve higher module and cell capacities in 2024.
https://www.pv-magazine.com/2024/05/07/chinese-pv-industry-brief-tongwei-canadian-solar-ja-solar-report-earnings/